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Showing 1 - 10 of 13 results for "PMI indices"

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... think about its negative implications for consumer spending and inflation. Not surprisingly, the au Jibun Bank Japan PMI indices - manufacturing, services and composite - have all weakened in January. So what's keeping the Japanese stockmarket buoyant? ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
... course, recent reports that a vaccine is nigh. So much so, that preliminary indication from the latest Markit Economics PMI indices show a V-shaped rebound in private sector activity. However, be wary that continued gains in the equity markets could ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... jump in the US unemployment rate to 4.4% in March from 3.5% in February provides a preview. So has the sharp fall in PMI indices across the planet. The problem is that easing death rates and infections are now prompting calls for the relaxation of social ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... November, following a slowdown to a six-month low of 7.2% in October. These have all been captured by China's PMI indices. The Caixin China composite PMI eased to a reading of 52.6 in December from November's 21-month high reading of 53.2 due ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... depreciated by 4.1% versus the greenback to ¥109.57 from last year's high of ¥105.08. Then again, the Jibun Bank PMI indices point to persistent weakness with all three indices at contraction levels. The Composite PMI fell to 48.6 in December as ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... for the BOJ. More so, given the latest indications from its purchasing managers' indices. The Jibun Bank Japan PMI indices all dropped into contraction territory - below 50 - in October. The composite PMI fell to a reading of 49.1 in October from ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... accommodation by major economies..." This is substantiated by the recent rebound in the global composite and services PMI indices and the slowdown in the rate of decline in the global manufacturing PMI. Then again, the Fed could use the improvement in ...

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... may be a bit premature. The inversion needs to be sustained for longer (not just a day). Also, the Markit composite PMI indices for the world's biggest economies, though trending down, remain in expansion territory. The recent policy U-turns and/or ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... GDP in 2017 from 36.7% in 2012 and 38.5% in 2006. This is given credence by the latest indications from the Caixin PMI indices where the manufacturing PMI slowed (but only marginally) - the one exposed to the trade spat - to 50.0 in September from 50.6 ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
... exporting their weakness and deflation elsewhere. The latest HSBC/Markit Economics and the official manufacturing PMI indices show that these are taking its toll on China. The HSBC manufacturing PMI remained below the 50 expansion/contraction at 49.7 ...
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